30 Years Celebration

Latest Business News

The construction of high efficient power plant in Africa to commence

 Tobene Power S.A is set to begin the construction of high efficient power plant in Senegal  after the country’s Tobene Power Project signed a financing deal with the World Bank Group International Development Association.

 
According to a statement released by Republic of Senegal, other banks involved in the financing of the project includes the Citibank and BNP Paribas.
 
The project is expected to be carried .... Read more »

Posted on : Tuesday , 25th August 2015

Libya's state power firm in talks with Turkish companies

Tripoli - Libya's state electricity firm is in talks with Turkish firms to get them to return to carry out badly-needed maintenance work at power plants in the North African nation, a senior official with the Libyan company said.

 
Libya has been hit hard by power outages as fighting between rival factions damaged plants, interrupted the grid and made the import of spare parts more difficult.
 
A delegation from Tripoli just vi.... Read more »

Posted on : Tuesday , 25th August 2015

Ethiopia moots plan for cement

ADDIS ABABA, Ethiopia - Industrial Projects Service (IPS), a state-owned consultant has won a contract from Messebo Cement to conduct an assessment of the cement market around Addis Ababa. 

 
According to a statement it wants to explore the feasibility of opening a grinding plant where semi-processed clinker from Tigray will be processed to produce cement
 
“The project is mainly intended to minimise the transportati.... Read more »

Posted on : Tuesday , 25th August 2015

Rwanda to Export Cement As New Plant Boost Production

Rwanda's only cement manufacturer CIMERWA Ltd, yesterday, unveiled a new plant expected to increase production and boost export revenues.

 
The new state-of-the-art plant in Muganza Sector, Rusizi District, was inaugurated by the Prime Minister, Anastase Murekezi.
 
The factory, worth $170 million, has the capacity to produce six times the current capacity of 100,000 tonnes per year.
 
Speaking at t.... Read more »

Posted on : Tuesday , 25th August 2015

Malawi Discovers New Mineral Deposits

 IMPOVERISHED Malawi announced that new mineral deposits had been discovered in a $30-million geophysical survey sponsored by the World Bank and the European Union. Natural resources and mining minister Bright Msaka did not specify the minerals, but other officials said they were phosphate, copper, coal, kimberlite, nobium and uranium. No details were given of the size or value of the deposits, nor any indication of whether they could transform Malawi's agriculture-based econom.... Read more »

Posted on : Monday , 24th August 2015

Mantra to start uranium mining

MWANZA, Tanzania – Uranium mining at the Mkuju River Project in Southern Tanzania may start in April next year.

 
The Deputy Minister responsible for mining in Ministry of Energy and Mining  Charles Kitwanga  said following the arrival of heavy machinery. Uranium mining is scheduled to commence in April next year.
 
Kitwanga said at full operation, the Mkuju River Project would employ 1,600 people. This would be.... Read more »

Posted on : Monday , 24th August 2015

Cipla buys 51% in Uganda drugs firm

KAMPALA, Uganda -Cipla Limited the global pharmaceutical company has announced the purchase of a 51% stake in Quality Chemicals Limited by its wholly owned subsidiary in the UK, Cipla (EU) Limited. 

 
“Quality Chemicals Limited is one of the leading distribution companies for pharmaceutical andconsumer products and this deal provides Cipla with a platform to expand its non-tender private market reach in Uganda, thereby extending the delivery of .... Read more »

Posted on : Monday , 24th August 2015

East Africa's geothermal power generation to grow by 1000mw

 Ethiopia geothermal power generation is set to grow after the country signed a power purchase agreement with Berkley Energy which is a Kenyan linked company that will see 1,000MW of energy being generated.

 
The signing was done by Azeb Asnake, CEO of Ethiopian Electric Power (EEP) and Edward Njoroge, one of the investors from Berkeley Energy.
 
The mega Corbetti Geothermal Power Project construction which is expected to .... Read more »

Posted on : Monday , 24th August 2015

Constructed Ngong wind power plant in Kenya

 The constructed Ngong wind power plant is to be commissioned in Kenya by Kengen in a bid to boost the renewable sources contributions to the national grid. It is hoped that the move will help in meeting the vision of generating 5,000MW of power by 2018. The construction of the wind power farm was expanded as a way of scaling up energy sources as the country looks to green energy.

 
Kengen CEO, Albert Mugo confirmed the reports and said that Ngong win.... Read more »

Posted on : Monday , 24th August 2015

Kenya: Crude Oil Pipeline Top of Kenyan Growth Agenda, Says Uhuru

The Hoima-Lokichar-Lamu crude oil pipeline is a priority project for the government as Kenya looks to tap the crude oil billions to accelerate development.

 
Speaking on Thursday at State House, Nairobi when he hosted a Japanese business delegation, President Uhuru Kenyatta said the pipeline will open up northern Kenya and accelerate the entire East African regional development.
 
"The discovery of oil and gas in Kenya, Ug.... Read more »

Posted on : Monday , 24th August 2015

China boosts Rwanda agriculture

Over the years, the Chinese government has supported a number of sectors in the Rwandan economy notably the agricultural sector which employs an estimated 90 per cent of the Rwandan population. 

 
East African Business Week  talked to the Minister of State in Charge of Agriculture and Animal Resources, Tony Nsanganira, on how through the training of farmers and mechanisation of the sector, the Chinese have enabled Rwandan farmers to significantly.... Read more »

Posted on : Monday , 24th August 2015

Ugandan farmers advised on seeds

KAMPALA, Uganda - Scientist’s at the National Agricultural Research Organization (NARO) have suggested small scale farmers form cooperatives. 

 
“When small holder farmers form cooperatives, NARO can support them with technical skills to enable them establish community seed banks. When this is done we shall solve the problem of counterfeit seeds  on the market and poor market distribution. Farmers have been alleging that they are bein.... Read more »

Posted on : Monday , 24th August 2015



SUPPORTING ASSOCIATIONS

EXPOGROUP

Expogroup is a full service exhibition organiser with over 30 years experience in International trade exhibitions. Our current portfolio includes 28 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2026 | Privacy Policy

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply